Investors apparently complained about securities broker Derek Michael Johnson [CRD: 2922680, Brea, California], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Derek Johnson worked for J.P. Morgan Securities LLC from January 20, 2012, to June 11, 2020, and has been registered with Morgan Stanley since June 5, 2020. Investors should continue reviewing the information below to learn more about the disclosures involving Johnson.
Specifically, on June 30, 2025, a Morgan Stanley client filed FINRA Arbitration No. 25-01340 concerning Derek Johnson. Primarily, the client alleged that Johnson made unsuitable recommendations. Because of this, the client allegedly incurred damages related to stocks. Consequently, the client requested $750,000 in compensation from Morgan Stanley or Johnson. It appears that this arbitration is pending a resolution.
Notably, a client of J.P. Morgan Securities LLC contested Johnson’s sales practices by filing FINRA Arbitration No. 21-03006. Allegedly, Johnson made unsuitable recommendations. It appears that Johnson allegedly caused the client to incur damages. Therefore, J.P. Morgan Securities LLC opted to settle the matter on October 27, 2023, by paying the client $750,000.
Did you suffer any investment-related losses because of Derek Johnson? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Johnson and brokerage firms Johnson worked for deny accusations of sales practice violations.
In a recent article from Financial Advisor they state that the customers of Kestra have filed a complaint against the broker/dealer with the Financial Industry Regulatory Authority’s (FINRA) arbitration service. The article states that the customers allege that one of Kestra’s representatives led them to a volatile and unsuitable exchange-traded product. Additionally, they allege he […]
Investors potentially incurred losses because of securities broker Diego Soares Bacellar [CRD: 6808326, Miami, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Diego Bacellar worked for Northwestern Mutual Investment Services LLC from April 8, 2019, to May 1, 2026. Investors are encouraged to continue reading to discover more about the disclosures involving […]
Investors apparently complained about securities broker Mark Allen Herding [CRD: 2239357, Phoenix, Arizona], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Herding worked for Cambridge Investment Research Inc. from October 19, 2012, to February 14, 2018, and Cambridge Investment Research Advisors Inc. from November 15, 2012, to February 14, 2018. Since January 31, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com